DHI Group (NYSE:DHX) Cut to “Buy” at StockNews.com

StockNews.com cut shares of DHI Group (NYSE:DHX) from a strong-buy rating to a buy rating in a research note released on Friday morning.

Separately, Barrington Research reissued an outperform rating and issued a $7.00 target price on shares of DHI Group in a report on Tuesday, May 28th.

DHI Group Trading Down 6.0 %

DHX stock opened at $1.88 on Friday. DHI Group has a 1-year low of $1.82 and a 1-year high of $4.22. The firm has a market cap of $90.88 million, a P/E ratio of 47.00 and a beta of 1.03. The business’s 50 day moving average is $2.13 and its 200-day moving average is $2.36. The company has a current ratio of 0.52, a quick ratio of 0.52 and a debt-to-equity ratio of 0.38.

DHI Group (NYSE:DHX) last released its quarterly earnings data on Wednesday, May 8th. The technology company reported $0.05 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.02. DHI Group had a return on equity of 5.72% and a net margin of 1.02%. The company had revenue of $36.03 million for the quarter, compared to analyst estimates of $35.97 million. During the same period in the prior year, the company posted $0.01 EPS. Equities analysts anticipate that DHI Group will post 0.17 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Virtu Financial LLC acquired a new position in DHI Group during the 1st quarter worth $39,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in DHI Group during the 1st quarter worth $45,000. Allspring Global Investments Holdings LLC acquired a new position in DHI Group during the 2nd quarter worth $41,000. BNP Paribas Financial Markets lifted its holdings in DHI Group by 76.9% during the 1st quarter. BNP Paribas Financial Markets now owns 21,329 shares of the technology company’s stock worth $54,000 after buying an additional 9,274 shares in the last quarter. Finally, SG Americas Securities LLC lifted its holdings in DHI Group by 24.5% during the 4th quarter. SG Americas Securities LLC now owns 23,436 shares of the technology company’s stock worth $61,000 after buying an additional 4,617 shares in the last quarter. 69.26% of the stock is owned by institutional investors and hedge funds.

About DHI Group

DHI Group, Inc provides data, insights, and employment connections through specialized services for technology professionals and other select online communities in the United States. Its solutions include talent profiles; job postings; employer branding; and other services comprising virtual and live career events, sourcing services, and content and data services that provides tailored content to help professionals manage their careers and provide employers insight into recruiting strategies and trends.